GMTC established the "Corporate Sustainability Committee" on December 16, 2020, headed by the Chairman of the Board as the steering committee member, with the president serving as the Committee chairman. Resolutions of the corporate sustainability committee will be submitted to the steering committee for review by the chairman. The board of directors authorized the Corporate Sustainability Committee to concurrently promote sustainability in accordance with GMTC’s Sustainable Development Best Practice Principles. It authorized the chair of the committee to handle economic, environmental and social issues generated by business activities, as well as to be responsible for the formulation and implementation of sustainable development policies, systems and related management policies and promotion plans, which shall then be reported to the board of directors.
The committee members include the Executive Vice President, Vice President, and Chief Directors of the Center. The teams on Corporate Governance and Integrity Management, Sustainable Environment, Value Creation, Social and Employee Care, and Risk Management have been set up under the Corporate Sustainability Committee. In addition, relevant unit supervisors were assigned as team conveners to be responsible for formulating promotional strategies and objectives, and then conducting performance evaluations and review according to the competent authority. GMTC also appointed an executive secretary to assist committee members in planning and implementing sustainable development policies.
In order to integrate resources and implement corporate sustainable development policies, GMTC’s Corporate Sustainability Committee holds at least two meetings every year. In contrast, temporary meetings are held when necessary to review the implementation of and formulation of CSR policies. Two meetings were held in 2023. The first was held on January 9, 2023 and mainly discussed the work results of each group in 2022, the work plans and goals for 2023, and the analysis results of major issues; on July 24, 2023, discussed was the work implementation status of each group of the Corporate Sustainability Committee in 2023.
Chairperson of the Corporate Sustainability Committee reports to the Board of Directors on the implementation of duties on a set date each year. The most recent report to the Board of Directors is as follows:
January 12, 2023: "Communication Status with Stakeholders in 2022"
February 23, 2023: "2022 Sustainable Development Results and 2022 Sustainable Development Promotion Plan" and "2022 Sustainability Issue Impact Assessment Report"
October 26, 2023: "Risk Management Operation Status in 2022"
